Scientex Bhd
KLSE:SCIENTX
SCIENTX's latest stock split occurred on Jan 13, 2021
The company executed a 3-for-1 stock split, meaning that for every share held, investors received 3 new shares.
Before the split, SCIENTX traded at 12.4 per share. Afterward, the share price was about 3.8931.
The adjusted shares began trading on Jan 13, 2021. This was SCIENTX's 5th stock split, following the previous one in Aug 10, 2016.
ATO
1S9
Scientex Bhd
Glance View
In the bustling world of industrial and consumer goods, Scientex Bhd has carved out a distinctive niche as a versatile powerhouse headquartered in Malaysia. Founded in 1968, the company initially emerged as a producer of PVC leather cloth, steadily evolving into a diversified entity with a robust presence in the manufacturing and property sectors. The core of Scientex's operations lies in its manufacturing arm, which specializes in producing packaging materials, such as stretch film, industrial bags, and consumer packaging products. By leveraging state-of-the-art technology and maintaining high production standards, Scientex has positioned itself as one of the world's largest manufacturers of stretch film, a critical component in the logistics and moving sectors. This breadth in manufacturing not only fuels the company’s top-line revenue but also reinforces its commitment to sustainability by innovating more eco-friendly packaging solutions. Parallel to its success in manufacturing, Scientex has also established a formidable footprint in the property development arena. Through its property development division, the company has executed a strategic blue-ocean shift, targeting affordable housing across Malaysia. Focusing on creating livable, sustainable townships, Scientex meets the demand for economically accessible homes, catering to the region's growing middle-class population. This dual engine of manufacturing and property development fuels Scientex's growth, creating a balanced revenue stream that insulates the company against the cyclical nature of individual sectors. With an astute focus on operational excellence and strategic expansion, Scientex Bhd exemplifies the integration of industrial prowess and real estate acumen, setting a benchmark in leveraging diversified strengths to navigate the ever-evolving market landscape.
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